Schroders chief Peter Harrison set to retire next year April 24, 2024 The veteran chief of Schroders, Peter Harrison, is set to step down next year after eight years at the helm of the FTSE 100 funds group, the firm announced today.
Quilter: Wealth manager attracts surge of fresh cash as stock markets rebound April 24, 2024 Wealth manager Quilter has pushed up the amount of cash managed in its funds in the first three months of the year after a surge in fresh inflows and a rebound in global equity markets.
Redmayne Bentley to acquire clients from Everton FC broker Blankstone Sington as special administration continues April 23, 2024 The private client business of wealth management company Blankstone Sington, which has been in special administration since October 2023, is to be acquired by Redmayne Bentley.
Rolex watches, private jets and third homes? Here’s what it takes to be in the world’s one per cent of wealth April 13, 2024 To become a part of the wealthiest band in developed countries, you need to have at least a net worth of £1m - and in some countries, assets of up to eight digits, data from Kinght Frank’s Wealth report finds.
Under 30 and earning £1m? Here’s what you need to know April 1, 2024 The number of young millionaires is on the rise, so what risks and considerations should they be taking into account to protect their wealth? Caroline Russell has some wise words for high net worth Gen Zs The number of under-30s earning more than £1m a year has grown to a record high of 830 while [...]
Northern law firm looks to take advantage of turmoil at St. James’s Place March 12, 2024 A northern law firm is looking to take advantage of the turmoil at Britain’s biggest wealth manager, St James’s Place.
Brooks Macdonald: Wealth manager puts ‘behind plan’ international arm under review March 7, 2024 Wealth manager Brooks Macdonald said the decision was being made "in the interests of achieving the best return for shareholders".
The super-rich are getting richer, again – and millennials are leading the way February 29, 2024 The number of wealthy Brits rose in 2023, more than reversing the decline reported post-pandemic in 2022. Ultra-high-net-worth individuals (UHNWIs) – classed as those with over $3m in net wealth – increased in the UK from 601,300 to 626,619 on global economic growth and easing interest rates, according to the Wealth Report by Knight Frank. “The improving interest rate [...]
Proposed pension and investment reforms drive revenue and profits at wealth manager Mattioli Woods February 6, 2024 Mattioli Woods saw its revenue and profits increase during the first half of its financial year.
Broker WH Ireland reports loss but notes ‘tentative’ signs of improvement in London’s IPO market December 27, 2023 Phillip Wale, WH Ireland's chief blamed the "well documented challenging market backdrop" for the company's performance.